News
Ally Financial Originations Down 5.7% YoY
Ally Financial’s second-quarter auto originations declined year over year, while lending performance worsened. Originations were $9.8 billion, unchanged sequentially but down 5.7% YoY, according to the bank’s earnings supplement released today. Ally received 3.7 million auto loan applications during the second quarter. “In terms of where we’re going to compete, we found that […]